PF Scheme Certificate.. CiteHR

Krishna T B R Started The Discussion:

Dear All,

I have a query. Please help me in this regard. When i left my earlier employment after working for 11 years, i opted for complete withdrawal of my PF.

In response, i have received only a part of my PF amount and for the rest, the PF people have sent me a Scheme Certificate. In fact i have not opted for any Pension or Scheme Certficate when i applied for PF withdrawal.

Now i am having this scheme cert. in hand . I really don't know what to do with this. In the cert., it is said that i can take the amount mentioned in it as pention or lumpsum after attaining age of 58 years through form D etc.,,

Now please let me know or advise me on what to do with the certficate? Should i wait till 58 years to get my money ? or is there any other way of doing things.

Please advise.

Krishna -  Member Since: Aug 2008
S Mr.Krishna as per PF act, if u cross more than 10 years of PF contribution u r eligible for only of getting Pension after completin gof 58 years b4 no chance to get the amount.After 58 yrs u ll produce the certificate for get the pension untill u keep this safe.
One thing you remember the pension only safe and the Interest point of view it is more than the Bank.
My suggestion is pension is Better than best if your age is cross 45 means

Tarusang -  Member Since: Jan 2011
I have one query. Is this Pension applicable to nominee if member is not there after 58 years


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